SEC DG: ISA 2025 To Boost Investor Confidence

SEC DG: ISA 2025 To Boost Investor Confidence

The Securities and Exchange Commission (SEC) has said that the Investments and Securities Act 2025 introduces key reforms aimed at boosting investors confidence, strengthening market oversight and aligning Nigeria’s financial markets with global best practices.Director General of the SEC, Dr....
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100 Exhibitors For ‘Oja Oge’ By Ecobank

100 Exhibitors For ‘Oja Oge’ By Ecobank

Building on the success of its first edition, Ecobank Nigeria is set to host the second edition of its pop-up marketplace, “Oja Oge by Ecobank.”  A statement sent to City Business News explained that the 3-day fashion, beauty, wellness, and...
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CBN Injects $197.71m To Boost Liquidity

CBN Injects $197.71m To Boost Liquidity

The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in the foreign exchange market.  In a statement on Saturday, CBN’s Director of Financial Markets Department, Omolara Duke, said the apex bank has...
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United Capital Shareholders Get M14.4b Dividend For 2024

United Capital Shareholders Get M14.4b Dividend For 2024

Shareholders of United Capital Plc has approved a total dividend payout of N14.4 billion for the 2024 financial year, representing 33% increase from the previous year.  Speaking at the company’s 12th Annual General Meeting (AGM) held at the Transcorp Hi...
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CBN Explains $23b Net Reserve

CBN Explains $23b Net Reserve

Nigeria’s Net Foreign Exchange Reserve (NFER) hits $23.11 billion at the end of 2024, the highest level in over three years, the Central Bank of Nigeria (CBN), disclosed on Wednesday. According to CBN, the development reflects a substantial improvement in...
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GTCO Declares N1.2tri For 2024

GTCO Declares N1.2tri For 2024

For the 2024 financial year, GTCO Plc declared N1.266 trillion, profit before tax, up from N609.3 billion a year earlier. The Group, in its audited financial statement released on the Nigerian Exchange Limited on Friday, also disclosed a profit after...
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Investdata 2025 Q2 Master Class To Focus On Post-Earnings Season Strategies

Investdata 2025 Q2 Master Class To Focus On Post-Earnings Season Strategies

The Investdata Master Class for the 2025 Q2 holds Saturday, March 29, 2025 with the theme “Post-Earnings Season Strategies For Winning Edge In Q2 Market Oscillation.” As usual, time-tested equity traders and analysts with decades of experience in technical...
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MRS Oil Exits NGX

MRS Oil Exits NGX

MRS Oil has concluded arrangements for the voluntary delisting of all its issued shares from the Nigerian Exchange Ltd. (NGX) and subsequent admission to the NASD OTC Securities Exchange.In a corporate disclosure on Friday through the Nigerian Exchange, the co...
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NNPCL Set For Initial Public Offer

NNPCL Set For Initial Public Offer

The Nigerian National Petroleum Company Limited (NNPC Ltd) is at the final stage of getting listed in the capital market, in keeping with the provisions of the Petroleum Industry Act (PIA) 2021.This was disclosed by the Company’s Chief Finance and...
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UBA Declares N766.6b Profit For 2024

UBA Declares N766.6b Profit For 2024

For the year ended December 31, 2024, United Bank for Africa (UBA) Plc has declared N766.6billion Profit After Tax,  up from N607.7billion  recorded at the end of 2023, an increase of of 26.14 per cent.   The 2024 financials, file...
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SEC Nigeria To Clampdown On Unfit Market Operators

SEC Nigeria To Clampdown On Unfit Market Operators

The Securities and Exchange Commission (SEC) has reaffirmed its commitment to ensure only fit and proper individuals are permitted to operate in Nigeria’s capital market to enhance investor protection. Speaking at the weekend in Abuja,  SEC Dir...
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NGX Group, CBN, MinieMoney, Others Partner To Boost Students’ Financial Literacy

NGX Group, CBN, MinieMoney, Others Partner To Boost Students’ Financial Literacy

The Nigerian Exchange Group (NGX Group), in collaboration with the Central Bank of Nigeria (CBN) and MinieMoney, empowered over 200 students with essential financial literacy skills as part of the 2025 Global Money Week celebration.   The event conve...
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CSCS To Host AMEDA Conference 2025

CSCS To Host AMEDA Conference 2025

Central Securities Clearing System Plc (CSCS) is to host the Africa and Middle East Depositories Association (AMEDA) Annual Conference.This highly anticipated event will hold from April 23 to 25, 2025, at Eko Hotel and Suites, Lagos, Nigeria.Themed “Shap...
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SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

SEC Cancels Mainland Trust Registration, Suspends Centurion Registrars

The Securities and Exchange Commission (SEC) has announced the Cancellation of the Registration of Mainland Trust Limited and the suspension of Centurion Registrars.The Commission in separate circulars issued at the weekend said the sanctions were imposed foll...
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